About this role
Would you like to use your know-how to make a difference day in and day out at the world's largest asset manager? Look no further! BlackRock is an equal opportunity employer who value diversity in our company. We are pursuing a Vice President in Cash Operations. Come join our team and experience what it feels like to be part of an organization that makes a difference! Team Overview & Job Purpose: Cash Operations is a group of dedicated professionals who are essential to the investment process by ensuring that all BlackRock cash data is accurate for processes including investment management, analytics, compliance, and regulatory. Cash types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. Our team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses.
The roles and responsibilities will include actively managing risk and exposure for BlackRock by ensuring the investment book of record reconciled with external prime record holders daily. The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.
Key responsibilities: Ensure reconciliations are successfully completed and troubleshoot any discrepancies Review cash & asset position exceptions daily including researching differences and resolving them in an accurate and timely manner Ensure accuracy of published cash figures Data analysis enhancing transparency, decision drivers and efficiency Work with internal/external stakeholders to ensure issues are being appropriately reviewed and progressing to completion Develop expertise around team control mechanisms and reporting Identify and coordinate handling of priority customer concerns Actively participate in all team meetings including review of key risk and process indicators Understand and adhere to all regulatory requirements impacting the reconciliation activities Ability to evaluate systems, procedures and make recommendations for improvement Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change Maintain accurate process documents and train team members to ensure complete understanding Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency
Qualifications: Bachelor’s degree – concentration in Accounting, Finance, Business or Economics is preferred Understanding of financial instruments, particularly derivative products, is preferred Strong, effective analytical and problem solving skills Data Analytics skills preferred inclusive of coding (VBA, SQL, PYTHON) and/or understanding of data science methods & implementation Organized approach to ensure follow up on outstanding issues and identify appropriate action to be taken Attention to detail to ensure a high degree of accuracy for all deliverables Excellent communication skills to effectively articulate solutions to internal and external stakeholders Ability to multi-task and balance requests without losing sight of overall objectives and deadlines Exceptional decision-making skills and ability to communicate effectively with senior management Ability to work in a team environment and build strong relationships with colleagues and external contacts Ability to work in a fast paced, rapid changing, deadline driven environment Expertise in Microsoft office products with an emphasis on Excel
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
Skills Required
- Bachelor's degree in Accounting, Finance, Business or Economics is preferred
- Understanding of financial instruments, particularly derivative products
- Strong analytical and problem solving skills
- Data analytics skills including coding (VBA, SQL, Python)
- Expertise in Microsoft Office products with an emphasis on Excel
BlackRock Compensation & Benefits Highlights
-
Retirement Support — The U.S. plan combines a 50% match on the first 8% of eligible pay you contribute with an additional 3–5% company retirement contribution, alongside an Employee Stock Purchase Plan. This structure is positioned as stronger than many large employers and stands out for long‑term savings in finance.
-
Parental & Family Support — Paid parental leave includes at least 16 weeks at 100% for primary caregivers (and 4 weeks for non‑primary), with bereavement and miscarriage/stillbirth leave plus a flexible return‑to‑work transition. Family‑forming and caregiving resources include adoption support, fertility benefits, and back‑up child and elder care in some locations.
-
Healthcare Strength — Offerings include comprehensive medical, dental, and vision plans, telemedicine, wellness incentives, gym discounts, EAP counseling, and free access to Calm. Some offices also provide onsite health services.
BlackRock Insights
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
Gallery
BlackRock Teams
BlackRock Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
